GBPJPY on the 4h chart broke the descending channel and currently is consolidating below a resistance structure.
The market tested the 0.382 Fibonacci level over a weekly support and now looking for a break above.
According to Plancton's strategy if the price will break above and satisfy the Academy condition, we can set a nice long order.
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Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.